Zhejiang Sanmei Chemical IndustryLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Sanmei Chemical IndustryLtd's earnings have been declining at an average annual rate of -2.6%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 2.7% per year. Zhejiang Sanmei Chemical IndustryLtd's return on equity is 9.5%, and it has net margins of 16%.
Key information
-2.6%
Earnings growth rate
-3.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 2.7% |
| Return on equity | 9.5% |
| Net Margin | 16.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang Sanmei Chemical Industry Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02
Investors Appear Satisfied With Zhejiang Sanmei Chemical Industry Co.,Ltd.'s (SHSE:603379) Prospects As Shares Rocket 36%
Oct 07Zhejiang Sanmei Chemical IndustryLtd (SHSE:603379) Will Want To Turn Around Its Return Trends
Sep 26We Think That There Are Some Issues For Zhejiang Sanmei Chemical IndustryLtd (SHSE:603379) Beyond Its Promising Earnings
Sep 03Is Now The Time To Put Zhejiang Sanmei Chemical IndustryLtd (SHSE:603379) On Your Watchlist?
Jun 26Why Investors Shouldn't Be Surprised By Zhejiang Sanmei Chemical Industry Co.,Ltd.'s (SHSE:603379) P/E
Jun 09Zhejiang Sanmei Chemical IndustryLtd (SHSE:603379) Is Reinvesting At Lower Rates Of Return
May 21Zhejiang Sanmei Chemical Industry Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
May 01Zhejiang Sanmei Chemical Industry Co.,Ltd. (SHSE:603379) Stock Rockets 39% As Investors Are Less Pessimistic Than Expected
Feb 27Revenue & Expenses Breakdown
How Zhejiang Sanmei Chemical IndustryLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,764 | 602 | 231 | 77 |
| 30 Jun 24 | 3,638 | 534 | 213 | 70 |
| 31 Mar 24 | 3,515 | 414 | 217 | 60 |
| 31 Dec 23 | 3,334 | 280 | 212 | 53 |
| 30 Sep 23 | 3,611 | 262 | 193 | 44 |
| 30 Jun 23 | 3,938 | 271 | 211 | 40 |
| 31 Mar 23 | 4,368 | 313 | 222 | 41 |
| 31 Dec 22 | 4,771 | 486 | 216 | 38 |
| 30 Sep 22 | 5,078 | 755 | 224 | 33 |
| 30 Jun 22 | 4,849 | 739 | 223 | 31 |
| 31 Mar 22 | 4,388 | 666 | 202 | 27 |
| 31 Dec 21 | 4,048 | 536 | 207 | 27 |
| 30 Sep 21 | 3,327 | 252 | 92 | 27 |
| 30 Jun 21 | 3,068 | 191 | 112 | 27 |
| 31 Mar 21 | 2,858 | 185 | 132 | 27 |
| 31 Dec 20 | 2,721 | 222 | 154 | 25 |
| 30 Sep 20 | 2,941 | 245 | 299 | 16 |
| 30 Jun 20 | 3,168 | 389 | 305 | 25 |
| 31 Mar 20 | 3,550 | 529 | 346 | 23 |
| 31 Dec 19 | 3,935 | 646 | 362 | 23 |
| 30 Sep 19 | 4,205 | 855 | 370 | 34 |
| 30 Jun 19 | 4,343 | 931 | 360 | 24 |
| 31 Mar 19 | 4,598 | 1,084 | 357 | 25 |
| 31 Dec 18 | 4,454 | 1,108 | 351 | 24 |
| 31 Dec 17 | 3,899 | 954 | 303 | 22 |
| 31 Dec 16 | 2,700 | 364 | 381 | 12 |
| 31 Dec 15 | 2,281 | 210 | 271 | 4 |
| 31 Dec 14 | 2,136 | 147 | 229 | 0 |
| 31 Dec 13 | 1,907 | 64 | 217 | 0 |
Quality Earnings: 603379 has a high level of non-cash earnings.
Growing Profit Margin: 603379's current net profit margins (16%) are higher than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603379's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: 603379's earnings growth over the past year (130.1%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: 603379 earnings growth over the past year (130.1%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 603379's Return on Equity (9.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Sanmei Chemical Industry Co.,Ltd. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vivien Zheng | Credit Suisse |
| Lin Yang | Guosen Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |